2-bed · 4,123 sqftIris Park, Jumeirah Village Circle (JVC) · completed 2011

V08, Iris Park

Sold prices and rental history: sold once, by the developer in August 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V08 · DLD and Ejari recordsUpdated 29 September 2022
Last soldAED 1.9M19 August 2022
Current rentAED 120K /yr29 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V08, Iris Park

What is V08 worth today?

Last sold for AED 1,900,000 in 2022

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29 Sep 2022RentedNew contract
AED 120,000/yr12 months · AED 29 per sqft
19 Aug 2022Sold by developerReady
AED 1,900,000AED 460 per sqft
1 Jul 2019RentedNew contract
AED 158,333/yr12 months · AED 38 per sqft
1 Nov 2018RentedNew contract
AED 110,000/yr12 months · AED 27 per sqft
1 Sep 2017RentedNew contract
AED 123,000/yr12 months · AED 30 per sqft
22 Jul 2013RentedNew contract
AED 99,750/yr12 months · AED 24 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 29 September 2022.

Key facts

Type
2-bed villa
Size
4,123 sqft
Developer
AB Properties
Completed
2011
Service charge
AED 9,800 /yr
Last sold
AED 1.9M · August 2022
Community
Iris Park

About V08, Iris Park

V08 is a two-bedroom villa of 4,123 sqft in Iris Park, a villa community in Jumeirah Village Circle (JVC) completed in 2011 by AB Properties. The developer sold it on 19 August 2022 for AED 1,900,000, or AED 460 per sqft.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 29 September 2022, is AED 120,000 a year: a gross yield of 6.3% on the 2022 price, before the service charge of about AED 9,800 a year.

Sales and rents for V08 over time

Rents
Villa V08, each contractTypical two-bed in Iris Park
100K150K2011201520192023Typical rent by year: 2011 AED 95,000; 2013 AED 110,250; 2014 AED 145,000; 2015 AED 150,000; 2016 AED 155,000; 2017 AED 127,500; 2018 AED 120,000; 2019 AED 100,000; 2020 AED 99,000; 2021 AED 102,500; 2022 AED 115,000; 2023 AED 145,000; 2024 AED 138,000New contract, July 2013: AED 99,750 a yearNew contract, September 2017: AED 123,000 a yearNew contract, November 2018: AED 110,000 a yearNew contract, July 2019: AED 158,333 a yearNew contract, September 2022: AED 120,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the community.

2-beds in Iris Park, and where V08 sits

All 13 2-beds →
Recent 2-bed salesVilla no.Price (AED)Summary
25 Aug 20252,860,000
12 Feb 20251,950,000
7 Feb 20252,950,000
6 Feb 20252,950,000
0 2-bed sales in the last 12 months

Iris Park

Community

15 villas, 2-bed to 3-bed in Jumeirah Village Circle (JVC), completed in 2011 by AB Properties. 1 sold in the last 12 months.

Typical price per sqft
AED 721
Typical sale
AED 3M
Typical rent
AED 228K /yr
Typical yield
6.6%
Iris Park, Jumeirah Village Circle (JVC): prices, sales and rents →

V08, Iris Park in numbers

  • Sold once: by AB Properties on 19 August 2022 for AED 1,900,000, or AED 460 per sqft.
  • Rented since July 2013 on 5 Ejari contracts, from AED 99,750 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2022 price is 6.3%, before a service charge of about AED 9,800 a year (AED 2.38 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 29 September 2022.

Questions about V08, Iris Park

What did villa V08 last sell for?

AED 1,900,000 on 19 August 2022, sold by the developer: AED 460 per sqft for 4,123 sqft. It is the only registered sale of the villa.

What is the rent for villa V08?

AED 120,000 a year on the contract signed on 29 September 2022. The previous contract, from July 2019, was AED 158,333; the villa has been rented since July 2013.

How big is villa V08?

4,123 sqft (383.0 sqm): a two-bedroom villa in Iris Park, completed in 2011.

What is villa V08 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on V08, Iris Park

Starts from the last sale price (AED 1.9M, 19 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,900,000
Deposit, UAE resident (20%)
AED 380,000
Deposit, non-resident (40%)
AED 760,000
Monthly over 25 years at 3.7%
AED 7,773

Plus AED 84,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →